Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Malaysia - 2024
Contents:
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Malaysia (CIF) - 2022
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Malaysia (FOB) - 2024
- Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Malaysia
- Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Malaysia
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Malaysia (CIF) - 2022
In 2022, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $4,335 per ton, rising by 25% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($9,821 per ton), while the price for Thailand ($3,633 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Malaysia (FOB) - 2024
The average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $3,397 per ton in December 2023, declining by -5.4% against the previous month. In general, the export price saw a perceptible setback. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 31% m-o-m. As a result, the export price attained the peak level of $5,722 per ton. From March 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($9,949 per ton), while the average price for exports to Myanmar ($472 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+8.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Malaysia
In 2022, approx. 114K tons of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s were imported into Malaysia; waning by -10.9% on 2021 figures. The total import volume increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 44% against the previous year. As a result, imports reached the peak of 128K tons, and then reduced in the following year.
In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s expanded rapidly to $493M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 60% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 183 | 175 | 338 | 359 | 25.2% |
| Japan | 55.9 | 55.2 | 58.6 | 63.9 | 4.6% |
| United States | 15.0 | 9.3 | 20.1 | 33.0 | 30.1% |
| South Korea | 22.5 | 17.0 | 3.3 | 6.2 | -34.9% |
| Others | 26.2 | 20.5 | 24.2 | 30.8 | 5.5% |
| Total | 303 | 277 | 444 | 493 | 17.6% |
Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Malaysia in 2022:
- China (90.0K tons)
- Japan (11.8K tons)
- United States (4.8K tons)
- South Korea (1.7K tons)
Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Malaysia
In 2022, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s from Malaysia skyrocketed to 9.9K tons, jumping by 69% on the year before. In general, exports posted a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s surged to $42M in 2022. Over the period under review, exports posted a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 9.0 | 5.3 | 11.6 | 12.8 | 12.5% |
| Spain | 0.5 | 0.4 | 0.6 | 8.4 | 156.1% |
| China | 0.5 | 0.5 | 0.7 | 3.6 | 93.1% |
| Mexico | 2.2 | 2.0 | 2.6 | 3.2 | 13.3% |
| Taiwan (Chinese) | 1.7 | 2.3 | 1.5 | 2.9 | 19.5% |
| Japan | 1.7 | 1.5 | 2.3 | 2.4 | 12.2% |
| South Korea | N/A | N/A | N/A | 2.4 | 0% |
| Myanmar | N/A | N/A | 0.3 | 1.4 | 366.7% |
| United States | 1.4 | 1.0 | 0.9 | 1.2 | -5.0% |
| Thailand | 3.9 | 1.4 | 2.3 | 1.1 | -34.4% |
| Italy | 0.3 | 0.2 | 0.2 | 1.0 | 49.4% |
| India | 1.5 | 0.3 | 0.1 | 0.2 | -48.9% |
| Others | 2.6 | 1.0 | 1.3 | 1.3 | -20.6% |
| Total | 25.3 | 15.9 | 24.4 | 42.0 | 18.4% |
Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Malaysia in 2022:
- Spain (2718.0 tons)
- Singapore (2323.8 tons)
- Taiwan (Chinese) (1109.7 tons)
- Mexico (616.6 tons)
- South Korea (609.6 tons)
- China (561.8 tons)
- Myanmar (472.8 tons)
- Italy (363.1 tons)
- United States (315.0 tons)
- Thailand (277.7 tons)
- Japan (207.7 tons)
- India (62.4 tons)
200
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Malaysia.
156
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Malaysia.
229
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
216
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
200
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Malaysia.
156
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Malaysia.
229
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
216
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
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